Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares dropped 12.5% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 107,500 shares were traded during trading, a decline of 25% from the average daily volume of 143,324 shares. The stock had previously closed at C$0.12.
Barksdale Resources Price Performance
The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57. The company has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.14. The company has a market cap of C$13.12 million, a P/E ratio of -3.05 and a beta of 0.41.
About Barksdale Resources
Barksdale Resources Corp. engages in the acquisition and exploration of precious and base metal mineral properties in the United States and Mexico. It primarily explores for copper, zinc, lead, silver, and gold ores. The company's primary asset is the Sunnyside property comprising of 286 unpatented mining claims covering approximately 5,223.71 acres located in the Patagonia Mountains of southern Arizona.
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